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Pastimes : The New Qualcomm - write what you like thread.
QCOM 173.07-0.8%10:07 AM EST
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To: Maurice Winn who started this subject4/4/2002 8:13:34 AM
From: foundation  Read Replies (2) of 12231
 
08:07 ET Qualcomm downgraded by Piper Jaffray (QCOM) 37.64: USB Piper Jaffray downgrades to MKT PERFORM from Outperform and cuts target to $38 from $50; says company's CDMA handset forecast of 80-90 mln for 2002 is too aggressive and that Piper sees 78 mln; also sees problems in 2003 and 2004, with slow subscriber growth in China and slow 1xRTT adoption in the US offsetting strength in Japan and South Korea.

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<g> Piper have hedge fund buddies?
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